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distribution of incomes and employment, to consider explicit measures of well-being, which have been shown to depend on far more …
Persistent link: https://www.econbiz.de/10012467742
How does growing international financial diversification affect firm-level and aggregate labor shares? We study this question using a novel framework of firm labor choice in the face of aggregate risk. The theory implies a cross-section of labor risk premia and labor shares that appear as...
Persistent link: https://www.econbiz.de/10014250185
We use data from a large web-based job platform to study how the price of remote work is determined in a globalized labor market. In the platform, workers from around the world compete for jobs that can be done remotely. We document that, despite the global nature of the marketplace, the...
Persistent link: https://www.econbiz.de/10012660114
This paper exploits a unique offshoring survey to show that firms continue domestic production of the same goods they …. Firms' reactions also motivate a new offshoring measure - produced- good imports - that is readily observed in most firm …
Persistent link: https://www.econbiz.de/10012482035
The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global … perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate …
Persistent link: https://www.econbiz.de/10012464361
offshoring in the short run and in the long run (when technology levels are endogenous). The short-run analysis shows that when … research efforts in response to increased offshoring. In particular, the rich country always gains from increased fragmentation …
Persistent link: https://www.econbiz.de/10012465450
- spaghetti bowls as building blocs - whereby offshoring creates a force that encourages the multilateralisation of regionalism …
Persistent link: https://www.econbiz.de/10012466118
The shift towards a "factory-free" economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or 'beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and design...
Persistent link: https://www.econbiz.de/10012455664
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … offshoring across occupations. Finally, we survey the literature that examines how offshoring affects employment and displacement … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing …
Persistent link: https://www.econbiz.de/10012456633
In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...
Persistent link: https://www.econbiz.de/10012457087